MP! site syndication http://muslimproperty.co.uk 2008-11-21T13:21:21+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/images/M_images/joomla_rss.png text/html 2008-11-17T12:39:02+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/asking-prices-slashed-by-6-500-but-homes-still-not-selling.html According to a report by property search website, Rightmove, homeowners are slashing their asking prices by �6,500 in a bid to sell their home. In the four weeks to November 8, the average asking price of a home in England and Wales was �223,000 - a 2.9% decrease on the previous month and the largest fall. text/html 2008-11-13T13:56:16+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/rightmove-loses-300-estate-agencies-per-month.html Rightmove has been experiencing a sharp downturn in the number of estate agents advertising on its website. The company, which operates the UK's largest property portal and claims to advertise around 90% of British homes for sale, has reported that up to 300 estate agents are terminating their agreements each month.  text/html 2008-11-12T11:00:06+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/taylor-wimpey-order-book-down-40.html Taylor Wimpey is the latest housebuilder to reveal the full extent of the downturn in the UK property market. The company has revealed that its order book for the first 44 weeks of 2008 fell by around 40%, to 6,607. The figure compares with 11,074 over the same period of 2007.  text/html 2008-11-11T11:43:33+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/house-sales-fall-to-30-year-low.html The Royal Institution of Chartered Surveyors (Rics) has reported that property sales continued to fall last month. The decline took the number of transactions to its lowest level since records began, in 1978. A lack of mortgage finance meant that sales per estate agency averaged 10.9 during the three months to the end of October, with completed text/html 2008-11-10T11:42:04+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/nationwide-chief-forecasts-25-fall-in-house-prices.html The chief executive of Nationwide Building Society, Graham Beale, is predicting that house prices will continue to fall during 2008/09 and possibly into 2010. Mr Beale is expecting a peak to trough decline of 25%, after which improved affordability ratios will encourage first-time buyers back into the market. text/html 2008-11-07T11:46:54+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/bovis-and-redrow-epitomise-housebuilders-woes.html Housebuilder, Bovis, has announced that it expects to complete 1,800 homes during 2008, compared with 2,930 last year. The group�s stock of unsold homes stands at over 900, despite price reductions and an incentive scheme aimed at attracting buyers. The slowdown in the private housing market is forcing the builder to focus more on the less text/html 2008-11-06T12:26:55+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/house-prices-down-2-2-in-october.html Halifax has published its monthly house price index showing a 2.2% fall in the average cost of a UK home, in October. The decline takes the annual fall to 13.7%, and brings the average cost of a home back to its October 2005 level of £168,031. The lender’s chief economist, Martin Ellis, comments that significant pressures on text/html 2008-11-04T18:52:48+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/britons-review-faith-in-property-to-fund-retirement.html Investment firm, Alliance Trust, has revealed that the property market downturn has shaken homeowners’ confidence in funding part of their retirement by cashing in on the family home. According to recent research by the company, only 33% of Britons list property investment among their top three methods of pension savings. The proportion compares with 43% a text/html 2008-10-30T18:31:17+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/house-prices-down-almost-15.html Nationwide has published its latest house price survey showing the cost of the average UK home falling again, in October, to £158,872. The monthly loss stood at 1.4%, taking the annual decline to 14.6%, or £27,172, in terms of the average house price. The figures compare with a September monthly fall of 1.7% and an annual fall text/html 2008-10-29T12:02:37+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/minister-acknowledges-hips-not-fulfilling-potential.html Recently appointed housing minister, Margaret Beckett, has made reference to weaknesses in the Home Information Pack (HIP) scheme in an address to the House of Commons. The minister made it clear that HIPs are here to stay but acknowledged shortcomings in the scheme mean that the full potential of the packs has not been achieved. She blamed text/html 2008-11-19T13:26:55+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/positive-cyprus-peace-talks-continue.html Following a series of reunification talks scheduled weekly between the leaders of the Turkish Republic of Cyprus and Greek Cyprus since September 2008, recent news indicates discussions this month continue in "a very positive atmosphere". text/html 2008-11-19T13:26:55+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/abu-dhabi-beating-the-credit-crunch.html At a time when many nations in the world are fearful of the credit crunch, it appears that Abu Dhabi is resisting the trend. text/html 2008-11-19T13:26:55+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/spanish-sierra-nevada-ski-resort-season-starts-early.html Over 7000 skiers took Spain's Sierra Nevada ski slopes a week early. This news continues to show that Spain offers much more than just its 'Sunny Spain" image. text/html 2008-11-19T13:26:55+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/international-golf-resort-management-unveil-one-of-the-most-prestigious-private-residential-commun.html International Golf & Resort Management in association with Global Development will launch their luxury Anguillan development, Long Bay at OPPLIVE 2008 text/html 2008-11-19T13:26:55+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/celestica-residence-jumeirah-dubai-new-development.html Celestica Residence is strategically located in Jumeirah Village - district 14 which will be at the heart of new Dubai. text/html 2008-11-19T13:26:55+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/el-rompido-costa-de-la-luz-in-spanish-tourist-board-ad-campaign.html Spain’s board is currently using the idyllic picture-postcard beach of El Rompido in Huelva in an international print advertising campaign. The inclusion of El Rompido’s glorious beach in a global ad campaign will bring some much-deserved attention and education on the area text/html 2008-11-19T13:26:55+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/pipa-natura-completed-property-with-off-plan-payment-terms.html Pipa Natura where you can have both your finished property and your off-plan payment terms. Set at the heart of Praia de Pipa, one of Brazil’s best addresses, and comprises 17 two bedroom villas plus a couple of duplex apartments. text/html 2008-11-19T13:26:55+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/acropolis-court-nicosia-cyprus-pre-release.html Acropolis Court is a new cypriot development in Nicosia, the capital of Cyprus. One of the most popular tourist destinations in the Mediterranean, it attracts over 2.4 million visitors each year. text/html 2008-11-19T13:26:55+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/villa-tranquilo-in-marbella-s-reserva-el-madro-al.html Anyone with a generous bank manager can build a house, but very few have the skills and intuition to build a home. A home with exquisite proportions, spaces for lively entertainment and spaces for private repose. With tasteful decoration, discreet home comforts and above all boundary-pushing qualities which ensure that its just-finished feel never fades. Thankfully, the mastermind behind Tranquilo is a home-maker of the highest order. text/html 2008-11-19T13:26:55+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/new-property-trend-buy-to-forget.html Emerging market specialists GEM Estates has several SIPP-able products in its portfolio. Property which is classified as a commercial, that is to say, no personal use allowed, can be purchased as part of a Self-Invested Personal Pension (SIPP) and the tax benefits are considerable. text/html 2008-10-08T11:13:24+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/home-owners-show-enthusiasm-for-extended-family-living.html Research from Halifax Home Insurance shows how Britons are increasingly warming up to the idea of recreating the extended family, and living with relatives, rather than immediate next of kin. Currently just over two-thirds of households contain immediate family, such as spouses or partners and children, but Halifax found that 26% of the 2,000 people text/html 2008-10-02T12:55:18+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/barratt-offers-43-discount-on-new-homes.html Barratt Developments is less than optimistic about the future direction of UK property prices. According to reports in The Telegraph and Daily Mail, the housebuilder is offering a huge discount to property investors who are prepared to buy five or more flats or houses from its Yorkshire East division. This week, Nationwide reported that UK house prices text/html 2008-10-02T12:53:22+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/house-prices-down-12-4.html Nationwide has published its latest house price index, which shows a 1.7% decline in the cost of the average UK home, in September. The fall brings the year-on-year decline to 12.4% and puts the price of the average property at £161,797. According to the building society, prices have now fallen for 11 consecutive months, although there is text/html 2008-09-29T07:32:18+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/widening-gap-between-asking-and-selling-prices.html The Royal Institution of Chartered Surveyors (Rics) has reported that the average selling price of a UK home is now 9% below the asking price. Rics chief economist, Simon Rubinsohn, warns that the gap could widen in the coming months as vendors are forced to accept lower offers in a shrinking market. Figures from leading mortgage lenders text/html 2008-09-26T18:48:42+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/average-house-price-down-4-6.html The Land Registry has published its house price index for August, showing a 4.6% annual fall in the average cost of a home, to £174,439. The monthly decline stood at 1.9%, which compares with a monthly fall of 0.6% in July. The average house price in England and Wales has now returned to the level recorded in text/html 2008-09-25T13:04:51+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/house-builders-to-work-on-redress-scheme.html Housebuilders are to set up new schemes to protect consumers following a report from the Office of Fair Trading (OFT) which has recently completed a study of the market. While the OFT found that the sector was broadly competitive, it concluded that a code of conduct and a redress scheme are needed for customers who are text/html 2008-09-24T18:49:01+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/cml-abandons-house-price-forecasts.html The Council of Mortgage Lenders (CML) has described attempts to predict the direction of UK house prices in the short term as “futile”. The body has admitted that its May forecast of a 7% fall this year is wide of the mark and says it does not expect the market to recover from its current slump text/html 2008-09-24T11:17:47+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/only-62-000-uk-homes-sold-in-august.html HM Revenue & Customs has reported that the number of homes sold in the UK fell to 62,000 in August, a 60% year-on-year decline. The figure sits alongside latest data from the British Bankers’ Association (BBA), which announced yesterday that mortgage approvals for house purchases fell to 21,086 in August, down 63% on August text/html 2008-09-24T11:13:17+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/property-fledglings-want-to-save-19-100-deposit.html The Co-operative Bank and Places for People, the property management and development group, have been researching potential first-time buyers and have discovered that on average, those hoping to get a foot on the property ladder think they need to save �19,100 before they can buy their first home. The research involved 1,500 potential first-time buyers, 54% text/html 2008-09-22T18:31:02+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/average-asking-price-of-a-home-down-14-200.html Rightmove has reported a 1% fall in the asking price of the average home in the month to 13th September. The decline is below the 2.3% recorded by the property website in August but puts the average asking price at �227,438 or �14,204 less than a year ago. The firm has also noted a slight decline text/html 2008-10-08T18:15:48+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/themovechannel-com-launches-over-80-country-property-portals.html TheMoveChannel.com, the leading international property portal, today announces the launch of over 80 country specific property sites. text/html 2008-10-08T18:15:48+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/indian-tourist-effect-hits-global-travel-market.html While just a couple of years ago the big news was an influx of tourists and businesses visiting India, market observers may have overlooked the fact that akin to the rising numbers of Chinese tourist travelling overseas, greater numbers of Indian travellers also heading abroad to holiday. Such is the size of India's population that as tourists overseas they have the potential to positively impact the fortunes of a host of global tourist destinations. text/html 2008-10-08T18:15:48+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/new-property-investment-opportunities-in-riga.html Riga is a popular destination for weekend pleasure seekers, but also on offer are eclectic architecture, historic monuments and a wonderful Old Town. So, is Riga the Bangkok of the Baltic, or does its property appeal lie deeper than that? text/html 2008-10-08T18:15:48+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/spain-benefits-as-sun-sets-on-long-haul-air-travel.html It’s time to holiday closer to home..so where is close and hot...ah yes Spain! With the UK economy faltering and oil prices nudging the 150$USD a barrel mark (more than double January 2007) long haul travel is quite simply becoming prohibitive for many British families at £500 for a family of four not to mention the carbon emissions impact. text/html 2008-10-08T18:15:48+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/admiral-bay-dubai-maritime-city-uae-launch.html Admiral Bay in Dubai Maritime City is located in the designer city of Dubai between Port Rashid and the Dry Docks is an ultra-modern 50 storey, green mixed-use tower situated by the edge of the ocean. text/html 2008-10-08T18:15:48+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/weakening-real-makes-brazilian-property-even-more-affordable.html The Brazilian Real has weakened by over 8% against the dollar in the last month alone. This makes that beautiful beach property even more affordable than ever… text/html 2008-10-08T18:15:48+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/the-right-move-abroad-scoop-best-large-agent-aipp-award-2008.html At a Gala evening held on board a luxury cruiser on the River Thames, The Right Move Abroad were delighted to receive the prestigious award for Best Large Agent at the 2008 AIPP Awards. text/html 2008-10-08T18:15:48+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/khao-lak-s-new-developments-following-the-tsunami.html Following the tragedy of the 2004 tsunami resulting from the 2004 Indian Ocean earthquake, the area of Khao Lak has made a remarkable recovery with newly refurbished hotels providing better quality accommodation and improved facilities. text/html 2008-10-08T18:15:48+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/7-annoyingly-awesome-australian-homes.html They may be on the far side of the world, but Australians have become renowned for their design prowess. The land down under may be most widely known for kangaroos, barbeques, beaches and year-round sunshine, but take a look round the place and you’ll soon discover the country is home to many stunningly beautiful properties. [...] text/html 2008-10-08T18:15:48+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/canadian-property-offers-good-news-at-last-for-property-investors.html Good news is undoubtedly hard to find in the worldwide property industry at present and the recent global banking crisis therefore it is particularly refreshing to learn that property prices in Halifax Nova Scotia, Canada are on the up, with properties predicted to rise by up to 4.5% by the end of 2008. text/html 2008-09-19T15:04:47+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/government-house-building-target-nine-years-adrift.html The National Housing Federation (NHF), a body which represents 1,300 not-for-profit housing associations in England, has warned the Government that it will miss its 2020 house building target by up to nine years, unless further measures to support the country’s ailing property market are introduced. According to the NHF, failure to act could mean only around text/html 2008-09-16T12:59:31+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/ft-house-price-index-records-2-2-annual-decline.html The FT House Price Index for August shows a 1.3% fall in the average price of a home in England and Wales. The decline has now entered its sixth successive month, with Wales seeing the sharpest average fall in August, at 3.8%. While the downturn was the most marked since October 1992, the research (which is compiled text/html 2008-09-12T15:36:34+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/britain-s-new-homes-are-too-small.html Back in the 1960s the term �rabbit hutch� was commonly associated with towns that were designated overspill destinations for Londoners desperate for some country air and decent accommodation. New housing estates sprung up and locals in towns such as Andover, Basingstoke and Swindon muttered that the homes were no bigger than rabbit hutches. Nearly 50 years on, text/html 2008-09-11T10:00:20+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/barratt-tempts-buyers-as-profits-slide.html Housebuilder Barratt Developments has announced a range of sales incentives. The company’s pre-tax profit fell by 68% in the six months to the end of June as unsold stock languished on its books. In an effort to tackle the lack of confidence in the property market that is keeping its showroom carpets pristine, the builder is offering text/html 2008-09-11T10:00:01+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/ten-million-homes-to-benefit-from-energy-saving-measures.html Over 10 million homes in Britain are to benefit from a government initiative to help reduce fuel bills. With gas and electricity costs soaring in recent months ministers have been under pressure to introduce a windfall tax on utility providers as a means of funding cash handouts to the nation’s poorer families. However, the idea has text/html 2008-09-09T21:23:09+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/house-price-crash-too-much-check-out-land-registry-data.html Each month the Land Registry publishes data on the UK housing market, with the figures one month behind those of other leading commentators. However, the Land Registry’s tables are based on completed transactions and as such form the most reliable source of data on house prices. The latest figures available show that in July, house prices in text/html 2008-09-09T12:01:37+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/house-sales-fall-to-30-year-low.html House sales are at their lowest for 30 years. Latest figures from the Royal Institution of Chartered Surveyors (Rics) show that in the three months to the end of August estate agents sold an average 14.4 homes, or 1.1 properties per week. The level of transactions is 47% below August 2007 and compares with average sales of text/html 2008-09-09T12:01:28+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/nationwide-chief-predicts-25-fall-in-house-prices.html The head of Nationwide Building Society, Graham Beale, is predicting that UK house prices could fall by as much as 25% from their peak last autumn. Speaking to BBC News, the chief executive said that signs of a recovery in the housing market may be delayed until 2010 and that prices will continue to fall throughout text/html 2008-09-09T12:01:18+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/home-owners-dig-deep-for-garden-space.html That well-worn estate agents’ phrase, “laid to lawn and flower beds” takes on a new meaning in the light of research from Yorkshire Bank. In its quarterly Homebuyers’ Report, the bank has revealed that the average homeowner thinks a garden is worth over £9,000 in terms of the total price of a property. According to Yorkshire’s head text/html 2008-09-08T11:49:12+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/housing-market-recovery-18-months-away.html The chief executive of HBOS, which owns Halifax, the UK’s largest mortgage lender, has warned that house prices are unlikely to begin a recovery before 2010. According to Andy Hornby, confidence in Britain’s housing market will not return until banks can raise significant sums on the wholesale financial markets. In addition, house price deflation could be stronger text/html 2008-09-21T00:02:01+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/aseana-properties-snaps-up-vietnam-property-developer.html House prices in Western Europe and US property markets may be in freefall but recent news that Aseana Properties has acquired a minority stake in Vietnamese property developer Nam Long Investment Corporation has been well received by investors. text/html 2008-09-21T00:02:01+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/reminder-themovechannel-com-s-auction-action-at-the-property-investor-show.html A reminder that TheMoveChannel.com and well-known property auctioneer Sutton Kersh Binstock are exhibiting at the Property Investor Show at ExCel London today. At their stand, number 115, they will be demonstrating their online bidding facility for auction properties, giving clients the perfect opportunity to see just how easy and convenient it is to use. text/html 2008-09-21T00:02:01+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/5-reasons-to-make-your-holiday-property-accommodation-accessible-to-all.html Whether you are a holiday home owner offering summer lets or are planning to buy a property abroad or invest in a buy to let rental, it is important to ensure that your real estate investment maximises the returns it generates. AccessibleAccommodation.com is a specialist property rentals website which brings together private houses, villa and apartment accommodation, small hotels, B&B's, caravans and even castles which all have one thing in common.... they are accessible to all including people with disabilities and reduced mobility. text/html 2008-09-21T00:02:01+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/aura-at-college-park-condos-toronto-canada-launch.html Soaring 75 storeys, North America's tallest condominium will punctuate the Toronto skyline like no other building. Aura At College Park Condos is not only setting records for its vertical stature but also for its architectural excellence. Aura is truly a valuable property investment opportunity for today's international buyer. text/html 2008-09-21T00:02:01+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/new-portugal-property-investment-opportunities-in-porto.html Porto is Portugal’s second largest city and one of its major industrial areas. Famous for its Port wine, successful football team and salted fish, Porto is definitely an area that is full of flavour but may not be an investment opportunity UK investors have considered in the past, so TheMoveChannel.com provides an overview of Porto and its culture. text/html 2008-09-21T00:02:01+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/rightmove-loses-ground-in-uk-online-property-search.html Today our prediction here at Nubricks.com about Rightmove and it's Web 2.0 competition rings true with news from Comscore, an internet audience measurement tool showing that its competitors in UK online property search (Findaproperty.com, Nestoria.co.uk and Zoopla.co.uk are gaining ground and if its not careful Rightmove.co.uk may soon be playing real estate catch-up in the world of online property search. text/html 2008-09-21T00:02:01+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/online-property-auction-demo-by-themovechannel-com-at-property-investor-show.html TheMoveChannel.com and well-known property auctioneer Sutton Kersh Binstock are exhibiting at the Property Investor Show at ExCel London on Friday 19th September 2008. text/html 2008-09-21T00:02:01+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/property-investment-opportunities-in-uruguay-south-america-s-safest-bet.html Known as the Switzerland of South America, Uruguay is being seen as a safe emerging market destination for investors looking to balance risk with reward. Located in the south-eastern part of South America, on the coastline between its more illustrious neighbours, Brazil and Argentina, Uruguay is fast becoming a place that property investors are warming to. text/html 2008-09-21T00:02:01+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/brazil-s-sossego-bay-possibly-the-best-40k-you-ll-ever-spend.html The northeastern Brazilian state of Paraíba is currently near-undiscovered land but its time is about to come. Less than 40,000 pounds will buy a two bedroom apartment in Sossego Bay, it could be the best 40,000 pounds you’ll ever spend. text/html 2008-09-21T00:02:01+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/bankrupt-low-cost-airlines-redundant-overseas-property-hotspots.html Zoom Airways, XL Airlines, Oasis Hong Kong, Silverjet, Eos, Maxjet, KLM and Alitalia, it seems low-cost airlines even national carriers are dropping out of the skies like flies. The double whammy of higher fuel costs, currency fluctuations and falling revenues as a result of weak consumer spending has put industry experts on red alert for the next casualty. text/html 2008-08-21T18:50:34+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/persimmons-sales-plummet-amid-stamp-duty-confusion.html Housing developer, Persimmon, has reported a 30% fall in sales of new homes in the six months to the end of June. The company sold 5,501 new homes during the period, down from 8,002 in the first half of 2007. Blaming the UK�s shrinking mortgage market for plummeting sales, Persimmon has also revealed that the average selling text/html 2008-08-26T07:42:40+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/halifax-estate-agents-to-close-53-branches.html HBOS is closing 53 branches of it Halifax estate agency. The banking group, which owns leading UK mortgage lender, Halifax, recently reported a 72% fall in first-half profit and has also been embarrassed by its £4 billion fundraising, which attracted the support of only 8% of shareholders. It is now in the process of reviewing its business, text/html 2008-08-26T13:38:36+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/fraudsters-infiltrate-housing-associations.html Accountancy firm, BDO Stoy Hayward, has revealed the extent to which criminals are targeting housing associations in scams that are costing the sector up to £400 million a year. BDO head of fraud services, Simon Bevan, believes that fraudsters are attracted to social landlords because they make easier prey than the banks. Last year the firm was text/html 2008-08-26T20:12:52+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/house-prices-in-us-continue-to-fall.html According to the latest S&P/Case-Shiller survey of US national home prices, property prices in the US were down a record 15.4% in the second quarter of 2008 compared to the same quarter in 2007. According to the report, the decline in house prices were nationwide indicating that the housing market downturn is continuing in America. However, even text/html 2008-08-27T11:13:18+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/slow-house-sales-put-hip-searches-out-of-date.html The National Association of Estate Agents (NAEA) is demanding a review of Home Information Packs (Hips) because the slowdown in the housing market means that some of the packs are out of date before a property is sold. The packs were intended to simplify and speed up the house selling process but the majority of text/html 2008-08-28T08:27:21+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/house-prices-down-10-5.html Nationwide is the first lender to publish figures for the UK’s housing market in August. The building society has reported a 1.9% drop in prices during the month, taking the annual fall to 10.5%. The average price of a home now stands at £164,654, or £19,000 less than in August 2007. The lender says that the cost text/html 2008-08-28T19:33:37+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/taylor-wimpey-house-sales-plummet-by-one-third.html Taylor Wimpey, the UK’s biggest housebuilder, has reported a catastrophic slide in sales during the first half of the year. Sales of the group’s homes fell nearly 31%, to 8,494, during the six month to the end of June. According to a report in The Times, the level of sales equates to half-a-house per week across text/html 2008-08-29T14:55:23+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/rightmove-gains-as-home-sellers-gravitate-to-the-net.html The housing market slowdown has hardly been good news for property portal, Rightmove, as its share price reflects. However, the company has just reported a 63% rise in pre-tax profit in the six months to the end of June, to £19.8 million. Revenues for the period increased 49%, to £37.8 million, with both sales to new members text/html 2008-09-01T13:11:57+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/homes-sell-at-10-below-asking-prices.html Hometrack has reported that home sellers are accepting offers almost 10% below asking prices, to secure a sale. According to the housing intelligence firm, sellers achieved an average 90.7% of their asking prices in August, down from 90.9% in July. The figure is at its lowest since Hometrack began recording the proportion of asking price achieved, text/html 2008-09-02T00:09:43+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/bond-exchange-bond-cape-verde-property-made-easy.html If you could buy an apartment in a six-star Cape Verde resort for just 6,000 euros, take ownership upon completion in 2010, have absolutely nothing to pay until 2015. GEM Estates introduce the Exchange Bond. text/html 2008-09-02T00:09:42+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/select-property-and-select-group-launch-100million-manhattan-style-residential-development-on-duba.html UK based overseas property developer Select Property has today launched West Avenue, a 32 storey luxury Manhattan style complex on one of the last remaining plots on Dubai Marina. West Avenue, a joint development partnership with Dubai based Select Group, is the seventh tower to be launched by the companies – who have already sold out six off-plan developments on Dubai Marina. text/html 2008-09-02T00:09:42+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/joint-developers-select-property-group-award-the-first-ever-construction-contract-on-al-marjan-islan.html RAK –based CTC LLC, wins contract for Pacific Suites and Gulf Suites, six contemporary, architecturally spectacular properties, each named after Pacific Islands. Valued at 1 Billion AED and spread across 25,300 square metres on the top isle of Al Marjan Island offering panoramic views of the Gulf and the natural surroundings of Ras Al Khaimah. text/html 2008-09-02T00:09:42+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/italy-s-tropea-beach-matches-st-tropez-on-style-not-price.html The Sunday Times put Tropea at number one spot in its Top 20 Beachesreport in January 2007, as the St Tropez of Calabria, Tropea's style icon status, means a property at Tropea Beach Resort is not only chic be also cheap. text/html 2008-09-02T00:09:42+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/ajman-property-following-in-the-footsteps-of-dubai-property.html The continued success of Dubai and Ras Al-Khaimah in the worldwide property market, it was only a matter of time before neighbouring emirates “pulled up their socks” and following in their footsteps as the next United Arab Emirates emerging markets, property in Ajman benefits from freehold status. text/html 2008-09-02T00:09:42+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/make-3-350-more-on-a-green-home.html Forget kerb appeal and think carbon appeal. In the current UK housing climate if you want to get ahead of The Jones you can add more value simply by making your home energy efficient. text/html 2008-09-02T00:09:42+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/paradise-gardens-golf-beach-sahl-haseesh-egypt-phase-i.html Paradise now comes with a guarantee! Nestled between the largest beach in Sahl Hasheesh, and the fairways of a stunning new golf course this 5 star luxury resort is setting new standards for Property Investor sand those looking for a exceptional second home /lifestyle property whilst a 2 year guaranteed rental on all apartments means [...] text/html 2008-09-02T00:08:56+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/corrections-seen-in-dubai-property.html Corrections are seen to be the way to go for Dubai's real property sector, according to a top asset management company official, cited by Gulf News. Shehab Gargash, CEO of Daman Investments dismissed the idea of a crash. Some developers also agree that prices are unreasonably high. Overall, the recent slowdown in the market is seen as temporary shake up but onwards to continued growth. text/html 2008-09-02T00:08:56+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/burj-dubai-touches-688-meters.html Emaar Properties has announced Burj Dubai's new record height, touching 688 meters (2,257.2 ft). The tower became the world's tallest after surpassing North Dakota, USA's KVLY-TV mast (628.8 metres; 2,063 ft) in April 2008. The tower is currently at over 160 storeys, the largest number of floors in any building. text/html 2008-09-02T00:08:55+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/nscc-wins-work-for-dubai-lagoon.html Schön Properties has hired NSCC for an additional shoring and enabling works, costing Dhs27.5m to handle Zones Two to Eight of the Dubai Lagoon project. The company said on site mobilization will begin in a fortnight once all permits have been processed. Works are expected to finish approximately six months including site preparation, shoring works, and the excavation of 600,000 cubic metres of sand. text/html 2008-08-26T01:14:13+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/romania-impresses-the-best.html Romania is making its mark with all the right people and institutions. Standard Poor, the financial evaluation agency, have recently upgraded Romanias banking industry risk assessment profile, reflecting the healthy growth and profitability of the banking sector. text/html 2008-08-26T01:14:13+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/nicaragua-teetering-on-the-edge-of-a-property-boom.html Nicaraguas property prices are 30 to 50% cheaper than Costa Ricas. Property investors take note. Like neighbour Costa Rica to the south, Nicaragua has both Pacific and Caribbean shorelines, a tropical climate and is safe, affordable, peaceful, culturally diverse, environmentally stunning and teetering on the edge of a property boom fuelled by foreign interest. text/html 2008-08-26T01:14:13+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/canada-ocean-playground-tempts-uk-investors.html Canada's booming economy, energy security, high quality of life and outdoor lifestyle is attracting more and more UK investors and workers looking to make a strong return on their investment and start a new life respectively. text/html 2008-08-26T01:14:13+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/west-avenue-development-dubai-marina-launch.html UK based overseas property developer Select Property has today launched West Avenue, a 32 storey luxury Manhattan style complex on one of the last remaining plots on Dubai Marina. text/html 2008-08-26T01:14:13+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/brazilian-land-plots-from-under-10k.html The Sonho Verde Residence in Maceio located in the Brazilian state of Alagoas is a hot investment project in where the total capital outlay is under the magical �10,000 mark is attracting a lot of attention. text/html 2008-08-26T01:14:13+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/bond-exchange-bond-cape-verde-property-made-easy.html If you could buy an apartment in a six-star Cape Verde resort for just 6,000 euros, take ownership upon completion in 2010, have absolutely nothing to pay until 2015. GEM Estates introduce the Exchange Bond. text/html 2008-08-26T01:14:13+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/select-property-and-select-group-launch-100million-manhattan-style-residential-development-on-duba.html UK based overseas property developer Select Property has today launched West Avenue, a 32 storey luxury Manhattan style complex on one of the last remaining plots on Dubai Marina. West Avenue, a joint development partnership with Dubai based Select Group, is the seventh tower to be launched by the companies  who have already sold out six off-plan developments on Dubai Marina. text/html 2008-08-26T01:14:12+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/turkey-keeps-investors-happy.html Prospective investors in Turkey were delighted with the recent news that the governments temporary ban on the issue of title deeds (Tapu) to foreigners has been lifted. text/html 2008-08-26T01:14:12+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/brazilian-property-at-distinctly-retro-prices.html Property prices have rocketed in Brazil over recent years and if investors could turn the clock back 18 months, they would have snapped up several prime units. The Natal resort of Ocean Blue Paraíso has some distinctly retro prices. text/html 2008-08-26T01:14:12+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/hidden-value-in-canadian-property.html A recent Jones Lang LaSalle report highlights the growing strength of the Canadian economy and the future growth of its hotel industry. In its analysis of the Canadian real estate investment sector, LaSalle Investment Management believe that the near term outlook for Canadas property market fundamentals is stable. text/html 2008-08-10T10:07:28+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/simplyzigzag-com-launches-partnership-with-bulgarian-real-estate-company.html Newly-established online property group, Simplyzigzag.com, has announced it has teamed up with one of Bulgarias leading real estate companies. The partnership will allow Simplyzigzag.com to offer properties in nearly all resorts and cities within Bulgaria, including the desirable area of the Black Sea and the mountainous ski regions. In addition, Simplyzigzag.com is soon to be offering text/html 2008-08-11T18:54:41+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/homeowners-still-believe-house-prices-will-fall-in-2009.html Newly-established online property group, Simplyzigzag.com, has revealed that 45% of homeowners believe their property will lose 10% in value or more next year. The company’s poll of 560 homeowners, which was conducted on its website during July, also revealed that 21.4% believe their home will suffer a loss of 5% or more while 17.9% believe prices text/html 2008-08-11T19:26:28+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/homebuyers-tempted-by-tunbridge-wells.html Home move service provider, Moveme.com, has revealed that homebuyers are shunning London and opting for the coast with Tunbridge Wells topping the chart as the most in-demand area for movers. The organisation’s migration monitor for the second quarter of 2008, also revealed that Guildford, Redhill, Plymouth and Bournemouth are popular destinations. According to the organisation, movers text/html 2008-08-12T11:40:49+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/rics-number-of-people-moving-house-falls-to-record-low.html According to the Royal Institution of Chartered Surveyors (Rics), the number of homes changing hands has fallen to levels not experienced since their survey started in 1978. The organisation said the average number of property sales handled by surveyors across the country over the last three months plummeted to just 14.4 - the equivalent of text/html 2008-08-12T19:29:49+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/flats-contribute-to-housing-slowdown.html Official figures show that a decline in the prices of flats has become a major factor in the housing market slowdown. Between May and June, a 3.6% fall in the price of flats contributed to the price of the average home falling from �216,625 to �215,029, according to the Department for Local Government and Communities (DCLG). text/html 2008-08-14T12:10:13+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/bellway-adds-more-gloom-to-property-market.html The doom and gloom continues in the housing market today as housebuilder Bellway reported a 45% fall in reservations of its homes in the second half of the financial year, compared with the same period last year. Bellway added that completed sales had dropped by 14% compared with last year as the mortgage squeeze meant text/html 2008-08-15T12:02:56+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/simplyzigzag-com-expands-into-us-market.html Premium online property group, Simplyzigzag.com, has announced its expansion into the US market. Simplyzigzag, which was launched in June this year, is to expand through two local partnerships in California and Florida - areas which are traditionally investment destinations for Britons seeking property overseas. The group has formed a partnership with a leading independent real estate company, text/html 2008-08-20T11:25:42+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/estate-agents-launch-property-website.html The National Association of Estate Agents (NAEA) is launching a website that will allow its 10,000 members to advertise properties at no charge. The site should be up and running in October and aims to bring solace to a profession that has been hard hit by the credit crisis. It may also provide strong competition for Rightmove, text/html 2008-08-21T13:20:44+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/hmrc-admits-to-error-in-uk-house-sales-figures.html Monthly residential property statistics published by the Government will not be appearing in August because errors have come to light. Under stamp duty requirements, HM Revenue Customs (HMRC) is advised of completed UK property transactions where values are �40,000 and above. The latest update on house sales was scheduled to be published on 21st August but text/html 2008-08-21T18:50:34+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/latest/persimmons-sales-plummet-amid-stamp-duty-confusion.html Housing developer, Persimmon, has reported a 30% fall in sales of new homes in the six months to the end of June. The company sold 5,501 new homes during the period, down from 8,002 in the first half of 2007. Blaming the UK�s shrinking mortgage market for plummeting sales, Persimmon has also revealed that the average selling text/html 2008-08-26T00:24:25+01:00 http://muslimproperty.co.uk http://muslimproperty.co.uk/news/property-news/abyaar-hails-ban-on-speculation.html Abyaar real estate developer has hailed the decision of the Dubai government to ban speculations in the off plan realty market, seeing it as a move to contribute to the stability of Dubai real estate market. The new regulation is the foundation of the Dubai Land and Property Department and the Real Estate Regulatory Authority, which is seen to better control escalating real estate prices in Dubai.